October 1, 2019 @ 2:30 pm By Samantha Hurst  |  

SOFI Spritz, an Australia-based beverage brand, is now seeking A$400,000 (max A$1 million) through its new crowdfunding campaign on Equitise. The company previously raised $11,410 on funding platform Pozible. SOFI has also been on Shark Tank. SOFI is focused on new product development and marketing… Read More

October 1, 2019 @ 12:05 pm By Samantha Hurst  |  

Rapyd, a global Fintech-as-a-service provider, announced on Tuesday it secured $100 million through its latest financing round, which was led by Oak HC/FT with participation from Tiger Global, Coatue, General Catalyst, Target Global, Stripe, and Entree Capital. The latest funding round comes just months after Rapyd… Read More

October 1, 2019 @ 10:46 am By Samantha Hurst  |  

Global financial institution, Royal Bank of Canada (RBC), announced on Tuesday it has rolled out mobile enhancements specifically for small business owners. According to RBC, the enhancements will help business owners receive financial insights and allow them to manage their business financials. While sharing more… Read More

October 1, 2019 @ 10:17 am By Samantha Hurst  |  

Assetz Exchange, a UK-based property crowdfunding platform, has closed its equity crowdfunding on Seedrs with a total of £750,367 raised. The funding round launched earlier this summer and quickly raised its initial £350,000 funding target. Assetz Exchanged offered 4.83% in equity at a £6,902,276 pre-money… Read More

October 1, 2019 @ 10:07 am By Samantha Hurst  |  

Caribu, an app-based tech firm that enables interactive video calls (think drawing, etc.) with kids, has completed its equity crowdfunding on WeFunder with $3 million secured. As previously reported, Caribu was founded by CEO Maxeme Tuchman, who originally bootstrapped the startup by participating in pitch… Read More

October 1, 2019 @ 8:50 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced on Tuesday it has acquired Shadow Financial Systems, Inc., a provider of multi-asset class post-trade solutions for the capital markets industry. Broadridge reported that through the acquisition it is able to add cryptocurrency and exchange traded derivatives (ETDs) on its… Read More

September 30, 2019 @ 4:22 pm By Samantha Hurst  |  

InComm, a payments technology company, announced on Monday it has partnered with Mizuho Bank to expand its payment service J-Coin Pay to its retail network in Japan. InComm reported that through the partnership, a network of more than 18,000 retail locations, which including pharmacies, supermarkets,… Read More

September 30, 2019 @ 2:21 pm By Samantha Hurst  |  

KBC, a Belgium-based financial solution, announced last week it has integrated with PayPal. KBC reported that its customers may now consult their PayPal through KBC Mobile. “KBC played a pioneering role in the implementation of PSD2 and, in March 2018, was the first bank in Belgium… Read More

September 30, 2019 @ 1:14 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Monday its latest study revealed that Hispanic business owners are hungry for growth capital. The lender reported that the study, which included more than 5,000 of Lendio’s small business customers, reveals a spike in loan inquiries from Hispanic… Read More

September 30, 2019 @ 1:06 pm By Samantha Hurst  |  

Payments platform Stripe announced last week it is set to open a new office in New York City. The company reported that it is going to be hiring for hundreds of roles across engineering, sales, marketing, partnerships, recruiting, and more in the next few years…. Read More

September 30, 2019 @ 10:47 am By Samantha Hurst  |  

UTRUST, a cryptocurrency payment solution designed to modernize the finance and payments industry, announced on Monday its integration of DASH, a digital currency for payments and e-commerce, into the platform. UTRUST reported that expanding the available payments to include DASH, along with Bitcoin and Ethereum will… Read More

September 30, 2019 @ 10:16 am By Samantha Hurst  |  

Genomes.io, a UK-based secure and private DNA data storage and sharing application, has successfully secured its initial £800,000 funding target and is now nearing £900,000 through its recently launched equity crowdfunding campaign on Crowdcube. Founded in 2017, Genomes.io stated it believes individuals should be able… Read More

September 30, 2019 @ 10:00 am By Samantha Hurst  |  

Anna Money, a UK-based fintech that specializes in SME business banking, is now seeking £3 million through its newly launched equity crowdfunding campaign on Seedrs. The funding round was launched just a little over six months after Anna Money received an £8.5 investment from tech investment firm,… Read More

September 30, 2019 @ 8:18 am By Samantha Hurst  |  

Teampay, a U.S.-based provider of distributed spend management software, announced last week it secured $12 million through its Series A financing round, which was led by Tribe Capital with participation from existing investors Crosscut, Silicon Valley Bank, and Precursor Ventures. The company reported that the… Read More

September 30, 2019 @ 7:54 am By Samantha Hurst  |  

Chinese consumer financing platform LexinFintech announced on Monday it has appointed  Suining Xiao to its board of directors. According to LexinFintech, Xiao has been appointed as a designee of PAG, an Asia-focused private equity firm, in connection with PAG’s purchase of convertible notes from the… Read More

September 27, 2019 @ 9:32 pm By Samantha Hurst  |  

Global blockchain payments provider BitPay announced last week it is set to support payments from the Ethereum Blockchain. Through this support, BitPay users will be able to use their ether to do the following: Buy gift cards on the BitPay app Top up BitPay cards Shop… Read More

September 27, 2019 @ 9:05 pm By Samantha Hurst  |  

Just days before its latest equity crowdfunding campaign on Crowdcube is set to close, self-service multi-currency note/coin exchange machine developer Fourex has successfully secured its initial £900,000 funding target from more than 550 investors. As previously reported, Fourex’s machines use image recognition technology to automatically… Read More

September 27, 2019 @ 2:25 pm By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced earlier this week is it teaming up with FundsLibrary, a provider of digital fund data and regulatory solutions, to provide regtech solutions for European wealth and asset managers. The duo is now developing an offering to address the challenges posed… Read More

September 27, 2019 @ 2:08 pm By Samantha Hurst  |  

Canada-based fintech and global digital investing service, Wealthsimple announced this week it has acquired SimpleTax, a Canadian web-based tax preparation service. According to Wealthsimple, both companies aim to further their joint mission of making financial tools simple and accessible to everyone. “The acquisition marks Wealthsimple’s… Read More

September 27, 2019 @ 9:32 am By Samantha Hurst  |  

Less than a year after raising  £3.4 million through its previous Crowdcube round, AI-powered automatic savings account mobile app, Chip, has returned to the equity crowdfunding platform. Originally seeking £1 million, the company quickly surpassed the funding target has now raised over £3.4 million from… Read More